Sprint is another example of poor service. I think this industry has been notorious for poor customer service and over paid managements. FTR BOD should be held accountable but it would take an activist investor/institution to do. There is a reason they pay such a large dividend. The question here is how long can they keep things going before they will need to lower dividend.
FTR is on sale. Brexit has no affect on this domestic company. While this company seems to have lousy overpaid management, nothing has changed to cause this decrease.
Top management pay is screaming the BOD is failing to do their job. !!! No excuse for lousy customer service but when the company's funds are being thrown away to a few instead of being used to incentivize good customer service it's the same old problem of the good old boys taking care of themselves
I have been out of this stock for a while. Looks like 48 million shares outstanding so maybe a 1:4 split coming? With a $2 price they will still need to show how they will pay their bills.
Some of the love comes from the belief that the company management is actually focused on shareholder value. The reason being that Peter's family are heavily dependent on the value of the company as well as Sr's philanthropic commitment in Salt Lake. Personally I'm fed up with managements that put themselves number one and fail their fiduciary responsibility to share holders. Anyone who has owned shares for the last several years have several examples that strongly suggest Peter is committed to growing share value. I think it's very possible that before interest rates rise Huntsman may get bought at a premium price but if not then I'll take the dividend forever.
Ti02 maybe reacting to worry over weakening world economy. Markets in general could be under pressure now and again when folks focus on government debt and low growth. Trump on CNBC pointed out what no one wants to talk about other than Peter Shift. We're living on borrowed time and at some point the market will begin to price accordingly. I was hoping it would wait a little longer and maybe this move down will be temporary. Who knows? If Trump is as smart as some believe he would continue to shine the light on structural issues to make the markets react while Obama is still in office. Then he and Congress could make the changes that would cause the markets to react positively and guarantee him eight years and his place in history along with Reagan.
I agree, looks pretty much inline with expectations. Futures are down triple digits this morning, so upside for HUN may not happen today but progress is on going.
Possible we have seen the high till Fall unless there is a positive surprise. Too many risks at this moment.